Californians should move to Texas because of the high-income taxes and the rising cost of living in CA. You can purchase a home for significantly less in Texas than you could in California.
Here are some of the main reasons you should move to Texas.
Zero individual state income tax
Did you know that Texas has no state income tax? California currently has some of the highest state income taxes in the US.
Lower cost of living
Homes are currently 60% cheaper in Texas than they are in California. The median home price is 195k which is a lot lower than the national average.
The average cost of living in San Antonio, Texas for a couple is $2,600 per month compared to the average cost in Los Angeles California is $4,500 per month.
Lower prices is a big motivating factor as to why one would want to relocate from California to Texas. Daily household essentials such as groceries, gas, and clothing are going to be more economical here in Texas.
More employment opportunities
Plenty of corporations have been relocating to Texas recently, including three of Elon Musk’s companies.
Texas has 54 fortune 500 companies like AT&T, USAA, Dell, D.R. Horton, Tesla, and Oracle just to name a few.
Caterpillar Inc., which is the leading manufacture in Construction and mining such as diesel and natural gas engines, diesel-electric locomotives, and industrial gas turbines. will be moving from Deerfield, Illinois., to Irving Texas, where it currently has offices.
Apple and Google are looking to expand here.